| __timestamp | Shopify Inc. | VeriSign, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 43223000 | 188425000 |
| Thursday, January 1, 2015 | 94162000 | 192788000 |
| Friday, January 1, 2016 | 179835000 | 198242000 |
| Sunday, January 1, 2017 | 293051000 | 193326000 |
| Monday, January 1, 2018 | 476962000 | 192134000 |
| Tuesday, January 1, 2019 | 712530000 | 180467000 |
| Wednesday, January 1, 2020 | 1387971000 | 180177000 |
| Friday, January 1, 2021 | 2130712000 | 191933000 |
| Saturday, January 1, 2022 | 2845745000 | 200700000 |
| Sunday, January 1, 2023 | 3545000000 | 197300000 |
| Monday, January 1, 2024 | 4408000000 | 191400000 |
Unleashing insights
In the ever-evolving landscape of digital commerce and internet services, understanding the cost dynamics of leading companies is crucial. Over the past decade, Shopify Inc. has seen a staggering increase in its cost of revenue, growing by over 8,000% from 2014 to 2023. This reflects Shopify's aggressive expansion and scaling efforts to support its burgeoning e-commerce platform. In contrast, VeriSign, Inc., a stalwart in domain name registry services, has maintained a relatively stable cost of revenue, with only a 5% increase over the same period. This stability underscores VeriSign's mature business model and efficient cost management. As Shopify continues to innovate and expand, its cost structure will be a key area to watch, while VeriSign's steady approach offers a model of consistency in the tech industry.
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